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14 May, 23:16

Which of the following statements characterizes the energy needs and resources that the United States faced in the late 1960s and early 1970s?

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  1. 14 May, 23:44
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    "The United States, once the world's leading producer of oil, had become heavily dependent on imported oil" characterizes the energy needs and resources that the United States faced in the late 1960s and early 1970s.

    Explanation:

    The Western world was bombarded with an energy crisis during the 1970s and the nations faced considerable petroleum shortages as well as elevated prices, were as the U. S, New Zealand, Canada, Australia, and Western Europe. In late 1960, the US productivity peak resulted in the oil crisis 1973 further.

    The "practical name" allotted to the crisis was "embargo" imposed by Arabian oil producers in order to motivate boycott America and penalize West nations to act as a pillar for Israel during the Yom Kippur war. Collectively OPEC members including Egypt and Syria framed scheme and declared restrictions in 1973.
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